NOT LISTED FOR SALE

40 Firestone Dr Pinehurst, NC 28374

Estimated Value: $2,186,000 - $2,440,754

6 Beds
8.5 Baths
6,144 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $1,380,000 $225 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $12,874/month

31 Days on Market

Highlights

  • On Golf Course
  • Indoor Pool
  • Clubhouse
  • Pinecrest High School Rated A-
  • Gated Community
  • Deck

About This Home

As of April 2012

Remarkable home located on the 12th. tee on course #7 in Fairwoods on Seven. Over 6,000 sqft of elegant living on three separate levels. Luxurious details are abundant, including 20 ft. plus ceilings, beautiful Brazilian Cherry flooring, granite counters in the gourmet kitchen. Six bedrooms expandable to 8 with 8 1/2 baths. Coffered ceiling in kitchen & living room Designed and built by Step One of Pinehurst. All this plus the 290 Sqft. Maid Quarters.This home shows like new construction.

Last Agent to Sell the Property

Jerry Townley

Berkshire Hathaway HS Pinehurst Realty Group/PH License #164974 Listed on: 02/29/2012

Co-Listed By

Judith Townley

Berkshire Hathaway HS Pinehurst Realty Group/PH License #155136

Last Buyer's Agent

Eva Toney

Berkshire Hathaway HS Pinehurst Realty Group/PH License #55688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,713

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 270x270x102x149
  • On Golf Course
  • Irrigation

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • Wet Bar
  • Tray Ceiling
  • 3 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Indoor Pool
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Natural Gas Water Heater

Community Details

Overview

  • Fairwoods On 7 Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,713

Year Built

Built in 2006

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: No
  • Stories Levels: 3 Story or More
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace: 3+
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 6500 - 6999
  • Interior Amenities: Blinds/Shades, Ceiling - Trey, Gas Logs, Pantry, Security System, Wash/Dry Connect, Wet Bar, Whirlpool
  • List Price per Sq Ft: 261.30
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 8.50
  • Bedrooms: 6
  • Total Heated Primary Separate Sq Ft: 6502.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: See Remarks
  • Foundation: Crawl Space
  • Porch Balcony Deck: Balcony, Deck, Patio, Porch, Screened
  • Road Type Frontage: Paved
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water, Well Water
  • Water Heater: Natural Gas

Association/Amenities

  • HOA and Neighborhood Amenities: Clubhouse, Gated, Golf Course, Indoor Pool, Tennis Court(s)
  • HOAAssociationFee1Year: 550.00

Lot Info

  • Deed Page: 299.00
  • Lot Description: On Golf Course
  • Lot Dimensions: 270x270x102x149

Tax Info

  • Tax Year: 2011
  • Total City Real Estate Property Tax: 3425.00
  • Total Real Estate Property Taxes: 5713.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Mar 18, 2012
Sold by
Ilmonen Charles Edward and Ilmonen Denise
Bought by
Katz Michael E
Seller's Agent
Jerry Townley
Berkshire Hathaway HS Pinehurst Realty Group/PH
Buyer's Agent
Eva Toney
Berkshire Hathaway HS Pinehurst Realty Group/PH
List Price
$1,380,000
Sold Price
$1,380,000
Current Estimated Value
$2,276,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,251
Avg. Annual Appreciation
3.73%
Original Mortgage
$950,000
Outstanding Balance
$655,378
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,620,873

Purchase Details

Closed on
Nov 13, 2001
Sold by
Ilmonen Charles Edward
Bought by
Katz Michael E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Katz Michael E $1,380,000 None Available
Katz Michael E $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Michael E $950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $1,380,000 0.0% $225 / Sq Ft
03/31/2012 03/31/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $1,380,000 -- $225 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,818 $1,889,560 $375,000 $1,514,560
2023 $11,290 $1,889,560 $375,000 $1,514,560
2022 $11,137 $1,333,770 $250,000 $1,083,770
2021 $11,537 $1,333,770 $250,000 $1,083,770
2020 $11,419 $1,333,770 $250,000 $1,083,770
2019 $11,419 $1,333,770 $250,000 $1,083,770
2018 $9,884 $1,235,450 $250,000 $985,450
2017 $9,760 $1,235,450 $250,000 $985,450
2015 $9,575 $1,235,450 $250,000 $985,450
2014 $9,358 $1,223,250 $280,000 $943,250
2013 -- $1,223,250 $280,000 $943,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 147425

Hive MLS

APN: 8562-14-44-8661